-Livemint.com The impact of demonetisation on the organized sector creates a visible effect. The suffering of Bharat is diffused, invisible, but hugely more painful ‘Why doesn’t the informal sector, supposedly badly hit by demonetisation, protest or scream in pain?’. Defenders of demonetisation often pose this question. The question assumes that the suffering poor people face because of government policies always finds political expression. If you want an answer to the question, please...
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NGT bans open waste burning
-PTI Announces a fine of Rs. 25,000 on each incident of bulk waste burning The National Green Tribunal (NGT) on Thursday imposed a complete ban on burning of waste in open places and announced a fine of Rs. 25,000 on each incident of bulk waste burning. “We direct that there shall be complete prohibition on open burning of waste on lands, including at landfill sites. “For each such incident, violators, including project proponent, concessionaire,...
More »Much to farmers' dismay, Centre slashes prices of non-timber forest products -Anupam Chakravartty
-Down to Earth Modi government’s attempt at rationalising prices of forest products is likely to hit Adivasi farmers the most At the time when there has been demand for increasing the minimum support prices for various agricultural products, the NDA government has gone ahead and slashed the prices of forest produce on which livelihoods of several forest-dwelling tribes depend. Stating the need to rationalise the minimum support price (MSP) as they...
More »Demonetization: Pain or gain? -BM Singh
-Livemint.com Mere demonetization would not serve the purpose, it would have to be taken in conjunction with other measures to correct systemic faults and not just destruction of cash Most of the country and even foreigners are going gaga over the move by the government to demonetize high-denomination notes. A presumption has been made that they mostly reflect black money or unaccounted wealth. A bold move indeed and there are many who...
More »Questions on cash goalposts -Jayanta Roy Chowdhury
-The Telegraph New Delhi: The Narendra Modi government has started to fumble for explanations, with the original raison d'etre for the demonetisation drive coming under strain because of the high volume of cash deposits that have poured into bank accounts. Almost 80 per cent of the Rs 500 and Rs 1,000 notes that were demonetised on November 9 has come straight back into the banking system, prompting the government to change the...
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